Collective investment in redevelopment of apartments in Athens. Tranio direct project. We purchase objects at a price close to the net cost, we repair and sell the finished product: a package of apartments with a European residence permit and a rental yield of 7% per annum.
- Term period: 2 years
- Yield: 10% per annum
- Minimum check: € 300,000
- Repayment: at the end of the term or at the time of completion of the project
- You can enter the project until 06/30/2019
We implemented 6 redevelopment projects in Athens in the amount of about € 500,000 with a return (IRR) of more than 30%.
High yield for the real estate market: collective investment in redevelopment gives 10% per annum, while the average yield when buying property and leasing will be 5–7%.
There are no additional costs to participate the project: taxes, state fees, commissions, expenses for the maintenance and repair of the property. No need to travel to Greece, open an account and legal entity.
Prerequisites for rising prices in Athens:
- Growth of foreign capital investments
- GDP growth
- Reducing unemployment
- Increase of tourist flow
Location and nearby infrastructure
Popular areas suitable for renting apartments to tourists. Nearby there is all the necessary infrastructure: shops, cafes and restaurants, public transport stops and numerous attractions of the city. Metro stations within walking distance.